Senate tax plan fights over deductions and credits
The article outlines Senate discussions on raising personal income tax exemptions to 1,000 by 1973, adjusting oil and gas depletion credits, extending Johnson era surcharges, and reconciling House and Senate versions. It notes key supporters like Edward Kennedy and James Eastland, and mentions Mansfield’s push to finish action before Christmas.
MENTIONED IN THIS ARTICLE
Sark Brown
Brose
Senate
Sens
Edward M. Kennedy
D-Mass
James 0. Eastland
D-Miss
Gore
House
Finance Committee
Mike Mansfield
Montana
Sénate
Lyndon B. Johnson
Weather Station Report For 24 Hours Ending 7 A M Monday
Readable weather data from the Experiment Station notes is patchy. Forecast mentions partly cloudy conditions in Farrorth West Arkansas with southeasterly winds today and tonight. Highs expected in the upper 50s to 60s and lows around 30s to 40s.
MENTIONED IN THIS ARTICLE
Fordeast
Arkansas
Farrorth
Adler
Draft quota for January cut to 12,500 under Vietnamization
Washington AP secretary Melvin Laird announced January draft calls drop from 35,000 to 12,500 for ages 19 to 26, with a random lottery system. After a transition year only 19-year-olds will be drafted. October’s 29,000 quota was spread over three months. The cutbacks reflect Vietnamization and include closing three Army combat training centers and abolishing 100 training companies.
MENTIONED IN THIS ARTICLE
Washington
Defense
Nixon
Laird
U.S
Vietnam
Negotiators Hold Two Hour Session in Helsinki Talks
U S and Soviet delegates held a two hour meeting in Helsinki as part of ongoing arms control talks. Spokesmen refused to disclose details beyond noting the session length and next meeting set for Wednesday at the Soviet Embassy. Tass criticized the United States for the arms race while praising Soviet aims to end it.
MENTIONED IN THIS ARTICLE
Ota
Helsinki
Finkahd
U.S
Uls
Kremlin
Tass
United States
3000 Gather for Show of Strength in Arkansas Rally
Nearly 3000 members of the State Democratic Party gathered in Little Rock for a show of strength and tribute to the state delegation. McClellan urged party unity while honoring Fulbright Mills Pryor and Alexander. A Kennedy memorial was observed at the rally with speakers calling for unity and continued support.
MENTIONED IN THIS ARTICLE
Little Rock
Democratic Party
Arkansas
Yonn
L. “McClellan
McClellan
Wallace
Sen
J. W. Fulbright
Wilbur D. Mills
David Pryor
Bill Alexander
Fulbright
Winthrop Rockefeller
Mills
Washington
Pryor
Alexander
John F. Kennedy
Meyer Award Goes to Hart Hart Meyers Foundation honor for October
Hart Meyer Award goes to Hart UTT on anonxy Tom my Hart of Henderson, a senior quarterback, for October excellence in athletics. Hart rushed for 626 yards and scored eight touchdowns in four Reddie football games. He nears the Arkansas Intercollegiate Conference total offense record and leads league scoring, with Chuck Dicus, Calvin Harvell, and Bruce Maxwell as runners-up.
MENTIONED IN THIS ARTICLE
UTT
Tommy Hart
Henderson
Charles T. Meyer
Hart
Reddie
Arkansas
Chuck Dicus
Arkansas Razorback
Arkansas State
Calvin Harvell
Razorback
Bruce Maxwell
Democrats Open Up for Any Voter
In Mildenhall England Airman Stephen Mhoon son of Mrs Dorthoy Martin of Dallas is on temporary duty at Mildenhall RAF Station. He will augment United States Air Forces in Europe units flying tactical airlift missions. He is a 1965 Garland High School graduate who attended Southern Methodist University and Dallas County Junior College.
MENTIONED IN THIS ARTICLE
Mildenhall
England
Mt.s. Air Force
Stephen M. Mhoon
Dorthoy Martin
Barlow
Dallas
Mhoon
62Nd Tactical
Sewart Afb
Tenn
United States Air Forces In
Apollo 12 Wives Await Splashdown After Tense Mission
The Apollo 12 mission neared Pacific splashdown after a 10 day ordeal for the wives of Alan Bean Charles Conrad Jr and other crew. Worries began with a reported electrical power failure during launch and intensified through the lunar descent liftoff and camera problems. Families, children and friends watched via television and box updates while Barbara Gordon Sue Bean and Jane Conrad kept busy with church and group activities to ease tension.
MENTIONED IN THIS ARTICLE
Sue Bean
Alan Bean
Mrs. Bean
Barbara Gordon
Jane Conrad
Charles Constad Jr
Arkansas Medicaid urged to curb overspending and bill timely
State Welfare Commissioner Len Blaylock urged physicians to bill promptly as Arkansas prepares to launch Medicaid on January 1. He warned the department must monitor spending to avoid loss of federal funds with a $36 million program covering in and out patient care, labs, X ray, nursing home, and physician services assisting about 125,000 people, including 90,000 adults and 35,000 under 21.
MENTIONED IN THIS ARTICLE
Little Rock
Len
Blaylock
State Welfare Department
The
Arkansas Medical Society
Welfare Department
Arkansas
Quarantine Treatment for Moon Missions Contemplates Lifting
Apollo 12 quarantine may end if astronauts show no alien organisms after Sea of Tranquillity mission. Scientists note no lunar bugs in Apollo 11 material and say Ocean of Storms landing site is 800 miles from the prior site. Risk of rare life forms exists. officials consider easing restrictions if Apollo 12 findings remain negative.
MENTIONED IN THIS ARTICLE
A. D. Catterson
Manned Spaceflight Center
Arab Merchant Bargains in a Tangled Street Tale
A traveler visits a Morocco shop where a sly grocer hawks poufs and rhinestone hilts amid bargaining chaos. Prices swing from 80 to 25 dirhams as the buyer weighs one item and a charitable plea for his father's heart operation shifts the scene.
MENTIONED IN THIS ARTICLE
Yvonne de Carlo
Vera Ralston
AH Ben Nadim
Willie Sutton
Tax shelters by production payments linked to oil deals
Treasury officials report that 27 percent depletion beyond the 50 percent net income limit lets firms cut federal taxes by creating self induced paper losses. Foundations known as straws buy production payments, funded by bank loans, with many directors tied to banks or oil law firms. In 1967 production payments totaled 750 million, up from 1965, and such deals cost the treasury about seven dollars lost per dollar in taxes.
MENTIONED IN THIS ARTICLE
Congress
Louisiana
Texas
Treasury Department
Treasury
Beatrice Purtell and Family Obituaries and Vietnam War Update
Obituaries report Beatrice Purtell, 87, life-long Nevada Hempstead resident, funerals at Herndon Chapel with burial in Memory Gardens. Also notes death of Samuel Lee Durham, 50, with service at Mt Moriah Church and survivors listed. Golf association awards dinner held at Hope Country Club with multiple flight winners and a sportsmanship award. Vietnam War brief covers more than 100 enemy troops killed, 23 Americans wounded, redeployment of a U.S. brigade near Pleiku to Ban Me Thuot, and ongoing fighting with South Vietnamese forces aided by U.S. air and artillery support.
MENTIONED IN THIS ARTICLE
Beatrice Purtell
Nevada
Hempstead
Garrett Memorial Baptist Church
Olin Purtell
Hope
Hugh
Tom Purtell
Shreveport
Hubert Purtell
Texarkana
Ernestine Summerhill
Oklahoma
Alton Taylor
Dallas
Estelle Taylor
Doyle Bruce
Pomona
Calif
Ruth Clark
Stephens
Samuel Lee Durham
Hempstead County
Sulphur Springs
Texas
Bill Durham
Willis Point
Sid Rogers
James Skites
Bearden
Bob
Cotton Valley
Lon Durham
Grenada
Miss
Mt. Moriah Church
Herndon Funeral Service
Hope Women’s Golf Association
Hope Country Club
Henry Seamans
Lee Fenwick
Art Trout
Women’s Golf Association
Albert Bray
E.£. Wassell
Henry Fenwick
J.W. Smith
U.S
U.S. 4Th Infantry Division
Pleiku
Highlands
Ban Me Thuot
Bu Prang
Duc Lap
Tax revenue loss cited from production by government
Government loses over 100 million annually in tax revenues from production sales for the past two years. Bank and mineral industry reps oppose tax law changes and say production payments do not mainly dodge taxes. Mineral company returns are confidential, but a New Orleans example shows Whitney National Bank staff and law firm directors serving as foundations officials.
MENTIONED IN THIS ARTICLE
New Orleans
Lst
Whitney National Bank
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Lastear
Richard M. Nixon
Hubert H. Humphrey
Hall
Warren E. Burger
Hugo L. Black
William QC. Douglas
John Marshall Harlan
Potter Stewart
Byron R. White
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Cleveland
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Meyer
Democratic State Committee
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Mike Cochran
Space Center
Houston
Page One
McGovern
Bethany
W.va
John Tower
R-Tex
Tower
Agnew
Allen J. Ellender
D-La
Communicaons
Herbert G. Klein
Atty
John N. Mitchell
Mitchell
Littlefields
Uttlefields
Supreme Court
Dunn
L To A
Dick Watekins
L. L. Webb
Bert Bray
J. W. Smith
REV. S.L. Durham
First Assembly of God Church
322 N. Main
Mrs. Lloyd Middleton
Gord-o-vox
C.C. Truitt
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